S&P 500
2110.74
-3.12 -0.15%
Dow Indu
18214.42
-10.15 -0.06%
Nasdaq
4986.82
+19.68 +0.40%
Crude Oil
48.88
+0.71 +1.39%
Gold
1209.485
+1.185 +0.10%
Euro
1.119850
-0.016585 -1.46%
US Dollar
95.247
+1.049 +1.35%
Strong

When Will The Fed Raise Interest Rates?

Federal Reserve Chair Janet Yellen navigated the tricky job of managing expectations on Tuesday in her first public comments on interest rate policy in more than two months.

She wanted the world to know the Fed isn't ready yet to raise rates from record lows. The job market is still healing, and inflation is too low, she said. At the same time, Yellen signaled that the Fed is moving closer to a rate hike by sketching the steps the central bank would take when it deemed the time was right.

In delivering the Fed's semiannual economic report before the Senate Banking Committee, Yellen tried to balance the public's thirst for information on the Fed's future plans, while giving the central bank as much flexibility as possible to tweak monetary policy on its own terms.

The Fed has two mandates: maximum employment and price stability. The dilemma Yellen faces now is that the two measures are heading in opposite directions. [Read more...]

Building a Better Trader - Volume 3: Using the Right Tool for the Job

It's amazing how many investors dive head-first into trading before they understand how the markets work. In Volume Three of this series, Glen Ring will teach you how to view the markets from an analyst's point of view. You'll discover why markets trend and why they go sideways - and why learning how to recognize these situations can be extremely valuable. You'll also learn four different ways to identify support and resistance, and you'll become familiar with some specific tools you can use to identify trends. Finally, you'll learn how markets behave at certain junctures and how learning this information can be useful in building a winning trading structure.

WATCH NOW: Building a Better Trader - Volume 3: Using the Right Tool for the Job

Best,
The INOTV Team

Have You Tried Using Donchian Channels?

Donchian Channels can be useful in visualizing the volatility of a market's price action. If the price is stable, the Donchian Channel will be relatively narrow. If the price has large fluctuations, the Donchian Channel will be wider.

Using the 20 day default period, a move above the channel signals a new 20 day high. Similarly, using a 20 week period, a move above the channel would signal a new 20 week high. Markets that continuously touch or exceed the upper channel line show strength, while conversely markets that continuously touch or break below the lower channel line show weakness.

Learn how Donchian Channels can improve your trading here.

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the April contract settled last Friday at 1,227 while currently at 1,207 down about $20 for the trading week still trading below their 20 & 100 moving average telling you that the trend is to the downside as prices have hit a 6 week low. I am currently sitting on the sidelines awaiting better chart structure to develop as investors continue to put money into the equity market as gold seems to be entering into a bearish trend once again in my opinion. The next level of major support is around the 1,180 level and if that level is broken I would have think that a retest of the contract low which was hit in early November 2014 could be in the cards so keep a close eye on this trade because a trade could be coming if chart structure improves and that could happen next week. [Read more...]

The Currency War Has Expanded to New Fronts

By: Elliott Wave International

Editor's note: This article was adapted, with permission, from the February issue of The Elliott Wave Financial Forecast, a publication of Elliott Wave International. All data is as of Jan. 30, 2015. Click here to read the complete version of the article, including specific near-term forecasts, for free.

The "Currency War" we discussed in our October issue of The Elliott Wave Financial Forecast and again in the January issue has expanded to new fronts, as world central banks fought to remain economically competitive by trying to push down the value of their currencies.

Singapore became at least the ninth nation to "jump on the easing bandwagon" in January, employing loose monetary measures designed to reduce the value of the Singapore dollar.

Our long term bullish forecast for the U.S. dollar remains on track, and this month the Dollar Index jumped to 95.527, retracing 50% of its decline from 121.020 in July 2011 to 70.700 in March 2008. [Read more...]

Building a Better Trader - Volume 2: Building the Structure

The beliefs and actions of professional traders differ greatly from those of the vast majority of amateurs. One major difference between the two is that professional traders have learned how to approach the markets as a business. For example, professional traders view equipment, services, losing trades and commissions as expenditures and winning trades as income. In Volume Two of this series, Glen Ring will help build a framework for your trading career. As part of this process, he will show you how to get down to the business of making money in the markets and introduce you to five essential rules every successful trader must know.

WATCH NOW: Building a Better Trader - Volume 2: Building the Structure

Best,
The INOTV Team

Jim Rogers on Opportunities in Russia and Other Hated Markets

By Nick Giambruno

Nick Giambruno: Welcome, Jim. As you know, Doug Casey and I travel the world surveying crisis markets, and we always like to get your take on things. Today I want to talk to you about Russia, which is a very hated market right now. What are your thoughts on Russia in general and on Russian stocks in particular?

Jim Rogers: Well, I’m optimistic about the future of Russia. I was optimistic before this war started in Ukraine, which was instigated by the US, of course. But in any case, I bought more Russia during the Crimea incident, and I’m looking to buy still more.

Unfortunately, what’s happening is certainly not good for the United States. It’s driving Russia and Asia together, which means we’re going to suffer in the long run—the US and Europe. Another of the big four Chinese banks opened a branch in Moscow recently. The Iranians are getting closer to the Russians. The Russians recently finished a railroad into North Korea down to the Port Rason, which is the northernmost ice-free port in Asia. The Russians have put a lot of money into the Trans-Siberian railroad to update it and upgrade it, all of which goes right by China.

Usually, people who do a lot of business together wind up doing other things together, such as fighting wars, but this isn’t any kind of immediate development. I don’t think the Russians, the Chinese, and the Iranians are about to invade America.

Nick: So because of these economic ties to Asia, the Russians are not as dependent on the West. Is that why you’re optimistic about Russia? [Read more...]

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the April contract are up $13 this afternoon in New York currently trading at $1,233 an ounce after settling last Friday around $1,235 basically unchanged for the trading week still right near 4 week lows is I’m recommending investors to sit on the sidelines in this market as the trend is currently mixed. Gold futures are trading below their 20 but just barely above their 100 day moving average as the S&P 500 had a terrific week as the Dow Jones cracked 18,000 to the upside as that’s where the interest lies currently as the next major level of support is between $1,180 – $1,220 but sit on the sidelines as the chart structure is absolutely terrible at the current time. If you have followed any of my previous blogs I constantly stress the fact to avoid markets that are choppy as I think the success rate is very low unless you are some type of day trader but I hold positions overnight so look for another market that is beginning to trend and keep an eye on gold as I don’t think we will be trading this market for quite some time. The U.S dollar is still right near 11 year high and that’s always pessimistic commodities in general especially the precious metals but at the current time I just don’t have an opinion on this market as I think we will chop around in the short term.
TREND: MIXED
CHART STRUCTURE: POOR

Silver Futures

Silver futures in the March contract are up $.55 this afternoon still trading below their 20 but above their 100 day moving average telling you this trend is mixed as I’m also advising traders to sit on the sidelines in this market as we were stopped out at the 2 week low around 16.71 last Friday as this market remains extremely volatile but prices continue to move sideways. [Read more...]

Building a Better Trader - Volume 1: Laying the Foundation

Cut your losses short and let your winners run wild. It sounds so simple, yet even some of the most experienced traders cannot explain how to do it well. In this information-packed video, veteran trading pro Glen Ring cuts to the chase and reveals some specific methods you can use to jump on board the big trends and ride them down the rails to major profits. More importantly, he explains how to use each of these methods to build better trades. After introducing you to the key components of successful trading, Glen will discuss why it's so important that your trading has structure. Finally, he'll show you how to differentiate between the management and mechanics of the business of trading.

WATCH NOW: Building a Better Trader - Volume 1: Laying the Foundation

Best,
The INOTV Team

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Gold Futures

Gold futures in the April contract are down $27 this afternoon in New York due to the fact of a very strong U.S monthly unemployment report pushing prices to a 3 week low as I’ve been recommending a long position in gold when prices broke above 1,245 and if you took that trade it’s time to exit today as prices are at a 3 week low as prices now are trading below their 20 but above their 100 day moving average telling you that the trend is mixed. Gold futures settled in the April contract at 1,279 while currently trading at 1,236 down about $43 for the trading week as the Dow Jones was up over 800 points this week as money is flowing out of the precious metals and into equities once again. Silver futures are also down $.50 as the U.S dollar is up a whopping 100 points this Friday putting pressure on many of the commodities once again as extreme volatility is happening throughout the commodity and stock sectors so [Read more...]

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